Whirlpool of India Ltd

Profit before tax (PBT) in the third quarter of FY25 stood at Rs 59.19 crore, up by 40.09% from Rs 42.25 crore in the same quarter last year. Profit before exceptional items and tax rose 16.16% YoY to Rs 154.65 crore in Q4 FY25. The company reported exceptional items of Rs 7 crore during the quarter, related to an insurance claim received for the fire loss at its Alipur, Delhi facility. The company reported EBITDA of Rs 183 crore in Q4 FY25, up 27.4% year-on-year. Operational EBITDA rose 32.2% compared to last year, before accounting for a provision of Rs 6.8 crore related to an additional price upcharge under the new E-Waste regulations affecting the industry. The growth was driven by strong revenue performance, cost reduction and productivity initiatives, as well as favorable segment mix gains. On a full-year basis, the company's consolidated net profit surged 65.40% to Rs 359 crore on a 15.95% increase in revenue from operations to Rs 7,919.37 crore in FY25 over FY24. The household appliance maker said, 'The business continues its renewed momentum with double-digit revenue growth in the fourth consecutive quarter despite softness in the refrigerator and washing machine industry. Topline growth was driven by strong YOY share improvement, which continued in this quarter. Not only has overall refrigerator and washing machine volume share improved very significantly over last year, share growth is broad based with robust share gains in direct cool, frost-free refrigerators, fully automatic top load, semi-automatic washers, and front-load washing machines, which reflects rejuvenation of brand pull and the continued strong focus on executional excellence. Improvement in gross margins was driven by calibrated price actions, improved execution in high-margin portfolios, and the benefits from cost productivity actions offsetting the impact of commodity inflation. Whirlpool India delivered a healthy +60% growth in consolidated PBT for the year ended Mar 25.' Meanwhile, the company's board has recommended a final dividend of Rs 5 per equity share for the financial year 2024-25. Whirlpool of India is primarily engaged in the manufacturing and trading of refrigerators, washing machines, air conditioners, microwave ovens and small appliances and caters to both domestic and international markets. Shares of Whirlpool of India declined 1.58% to Rs 1,275 on the BSE. Powered by Capital Market - Live

Whirlpool of India Ltd gained 6.93% today to trade at Rs 1385.3. The BSE Consumer Durables index is up 0.36% to quote at 59235.23. The index is up 2.29 % over last one month. Among the other constituents of the index, Blue Star Ltd increased 1.75% and Havells India Ltd added 0.52% on the day. The BSE Consumer Durables index went up 7.08 % over last one year compared to the 9.97% surge in benchmark SENSEX. Whirlpool of India Ltd has added 26.62% over last one month compared to 2.29% gain in BSE Consumer Durables index and 2.42% rise in the SENSEX. On the BSE, 15222 shares were traded in the counter so far compared with average daily volumes of 27926 shares in the past one month. The stock hit a record high of Rs 2450 on 22 Oct 2024. The stock hit a 52-week low of Rs 899 on 03 Mar 2025.Powered by Capital Market - Live

Net profit of Whirlpool of India rose 53.63% to Rs 119.20 crore in the quarter ended March 2025 as against Rs 77.59 crore during the previous quarter ended March 2024. Sales rose 15.61% to Rs 2004.67 crore in the quarter ended March 2025 as against Rs 1733.99 crore during the previous quarter ended March 2024. For the full year,net profit rose 65.41% to Rs 359.00 crore in the year ended March 2025 as against Rs 217.04 crore during the previous year ended March 2024. Sales rose 15.95% to Rs 7919.37 crore in the year ended March 2025 as against Rs 6829.79 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales2004.671733.99 16 7919.376829.79 16 OPM %9.138.29 -6.955.90 - PBDT208.37194.66 7 696.29536.56 30 PBT154.65133.13 16 483.12326.24 48 NP119.2077.59 54 359.00217.04 65 Powered by Capital Market - Live

Whirlpool of India announced that the Board of Directors of the Company at its meeting held on 20 May 2025, inter alia, have recommended the final dividend of Rs 5 per equity Share (i.e. 50%) , subject to the approval of the shareholders.Powered by Capital Market - Live

According to media reports, Whirlpool Corporation, the U.S.-based parent of the Indian appliance major, is planning to divest a 31% stake in its India unit, seeking to raise between $550 million to $600 million (approximately Rs 5,000 crore). This stake sale buzz follows Whirlpool Corporation's earlier announcement during its Q4 earnings release on 29 January 2025, where it disclosed plans to reduce its holding in the Indian subsidiary to about 20% by mid-to-late 2025 via one or more market transactions. The deal may involve multiple funds jointly acquiring the stake, with Whirlpool Corporation expressing interest in remaining the largest shareholder. Despite the sell-down plans, Whirlpool Corporation underlined its continued confidence in the Indian market, calling it a significant marketplace for growth. The U.S. parent also highlighted its commitment to Whirlpool India's expansion, citing new product launches and the recent acquisition of Elica India as key steps forward. Whirlpool India will remain a relevant part of Whirlpool Corporation's portfolio, and we continue to believe Whirlpool India has a strong long-term trajectory for growth. We intend the anticipated sell-down to result in autonomy for Whirlpool India to adjust to the ever-evolving industry conditions, enabling Whirlpool India to focus on accelerated growth and utilise its well-funded business to invest further in the business, Whirlpool Corporation stated in its earlier release. As of 31 March 2025, Whirlpool Mauritius'a wholly owned subsidiary of Whirlpool Corporation'held a 51% stake in Whirlpool India. Whirlpool of India is primarily engaged in manufacturing and trading of refrigerators, washing machines, air conditioners, microwave ovens and small appliances and caters to both domestic and international markets. Whirlpool of India's consolidated net profit surged 57.06% to Rs 43.96 crore on 11.02% rise in revenue from operations to Rs 1,704.85 crore in Q3 FY25 over Q3 FY24. Powered by Capital Market - Live

Profit before tax (PBT) in the third quarter of FY25 stood at Rs 59.19 crore, up by 40.09% from Rs 42.25 crore in same quarter last year. Consolidated EBITDA grew by 10.6% year on year (YoY) to Rs 69.3 crore in the quarter ended 31 December 2023. The firm's operational EBITDA grew by 35.3% YoY before the impact of provision for an additional price upcharge of Rs 15.5 crore as against last year, on account of new E-Waste regulations affecting the industry. The household appliances maker said, 'The business has shown strong momentum with double digit revenue growth in three consecutive quarters including this one despite a soft growth in refrigerator and washing machine industry. Topline growth was driven by very strong YOY share improvement which continued in this quarter. Not only has overall refrigerator and washing machine volume share improved very significantly over last year, growth is broad based with excellent share gains in direct cool, frost free refrigerators, fully automatic top load and Front load washing machines which signals robustness of the brand pull and executional excellence. Improvement in gross margins was driven by calibrated price actions, improved execution in high margin portfolio and the benefits from cost productivity actions offsetting the impact of commodity inflation. Whirlpool India delivered a healthy more than 70% growth in consolidated PBT for the 9 months ended Dec 24. Elica PB India, company's subsidiary continues to deliver healthy PBT margins.' Whirlpool of India is primarily engaged in manufacturing and trading of refrigerators, washing machines, air conditioners, microwave ovens and small appliances and caters to both domestic and international markets. Shares of Whirlpool of India shed 1.63% to Rs 1,131 on the BSE. Powered by Capital Market - Live

Net profit of Whirlpool of India rose 57.06% to Rs 43.96 crore in the quarter ended December 2024 as against Rs 27.99 crore during the previous quarter ended December 2023. Sales rose 11.02% to Rs 1704.85 crore in the quarter ended December 2024 as against Rs 1535.65 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales1704.851535.65 11 OPM %4.064.08 - PBDT110.5789.70 23 PBT59.1942.25 40 NP43.9627.99 57 Powered by Capital Market - Live

Jindal Steel & Power Ltd, Navin Fluorine International Ltd, Craftsman Automation Ltd, Jupiter Wagons Ltd are among the other stocks to see a surge in volumes on NSE today, 31 January 2025.Whirlpool of India Ltd witnessed volume of 25.23 lakh shares by 14:14 IST on NSE, a 23.67 times surge over two-week average daily volume of 1.07 lakh shares. The stock dropped 9.58% to Rs.1,140.00. Volumes stood at 3.28 lakh shares in the last session.Jindal Steel & Power Ltd clocked volume of 196.26 lakh shares by 14:14 IST on NSE, a 14.2 times surge over two-week average daily volume of 13.82 lakh shares. The stock lost 6.79% to Rs.783.00. Volumes stood at 19.7 lakh shares in the last session.Navin Fluorine International Ltd recorded volume of 22.93 lakh shares by 14:14 IST on NSE, a 12.18 times surge over two-week average daily volume of 1.88 lakh shares. The stock gained 5.97% to Rs.4,141.55. Volumes stood at 4.04 lakh shares in the last session.Craftsman Automation Ltd recorded volume of 3.44 lakh shares by 14:14 IST on NSE, a 5.26 times surge over two-week average daily volume of 65426 shares. The stock gained 3.15% to Rs.4,190.00. Volumes stood at 2.9 lakh shares in the last session.Jupiter Wagons Ltd saw volume of 434.26 lakh shares by 14:14 IST on NSE, a 5.17 fold spurt over two-week average daily volume of 84.05 lakh shares. The stock increased 10.47% to Rs.393.05. Volumes stood at 367.5 lakh shares in the last session.Powered by Capital Market - Live

Deepak Fertilizers & Petrochemicals Corp Ltd, Voltas Ltd, Welspun Living Ltd and Computer Age Management Services Ltd are among the other losers in the BSE's 'A' group today, 30 January 2025.Whirlpool of India Ltd crashed 20.00% to Rs 1262.15 at 14:47 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 14726 shares were traded on the counter so far as against the average daily volumes of 3359 shares in the past one month.Deepak Fertilizers & Petrochemicals Corp Ltd lost 13.40% to Rs 1123.05. The stock was the second biggest loser in 'A' group.On the BSE, 2 lakh shares were traded on the counter so far as against the average daily volumes of 54757 shares in the past one month.Voltas Ltd tumbled 12.97% to Rs 1284.85. The stock was the third biggest loser in 'A' group.On the BSE, 3.21 lakh shares were traded on the counter so far as against the average daily volumes of 27306 shares in the past one month.Welspun Living Ltd slipped 8.41% to Rs 136.7. The stock was the fourth biggest loser in 'A' group.On the BSE, 57974 shares were traded on the counter so far as against the average daily volumes of 1.16 lakh shares in the past one month.Computer Age Management Services Ltd fell 8.10% to Rs 3631.65. The stock was the fifth biggest loser in 'A' group.On the BSE, 1.06 lakh shares were traded on the counter so far as against the average daily volumes of 23554 shares in the past one month.Powered by Capital Market - Live

Whirlpool Corporation, which currently holds 51% ownership interest in whirlpool India, expects to remain largest shareholder following the completion of stake sale. As a part of its fourth quarter release, Whirlpool Corporation said that Whirlpool India will remain a relevant part of its portfolio, and continues to believe in the company's strong long-term growth trajectory. The stake sale is intended to provide whirlpool India with increased autonomy to adjust to ever-evolving industry conditions, enabling Whirlpool India to focus on accelerated growth and utilizing its well-funded business to invest further in the business. Sustained brand license and technology agreements, as well as transition commitments, will continue to support business operations and the long-term growth of Whirlpool as one of the most trusted brands in India. It believes these actions will deliver value to Whirlpool India's shareholders. Whirlpool of India is primarily engaged in manufacturing and trading of refrigerators, washing machines, air conditioners, microwave ovens and small appliances and caters to both domestic and international markets. The company reported 42.21% jump in consolidated net profit to Rs 52.02 crore on 12.58% rise in revenue from operations to Rs 1,712.99 crore in Q2 FY25 over Q2 FY24.Powered by Capital Market - Live